Can we eliminate tax terrorism?

Finance Minister (FM) Nirmala Sitharaman’s hands are likely to be full with the slowing economy and the dismal job scenario. But one of the solutions to kick start the economy is to promote private investments. One reason (though not the only one) why India is considered a difficult destination for private investment is due to the hostile relationship between the tax department and the taxpayers. The tax battles that give the tax department its bad name are mostly fought around the tax that is sought to be squeezed out of the reluctant taxpayers after significant additions are made.....
Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.